1240 Carling AVE, Carlington - Central Park, ON K1Z 7K7
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1240 Carling AVE, Carlington - Central Park, ON K1Z 7K7
1240 Carling AVE, Carlington - Central Park, ON K1Z 7K7
1240 Carling AVE, Carlington - Central Park, ON K1Z 7K7
1240 Carling AVE, Carlington - Central Park, ON K1Z 7K7
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 949,900
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1240 Carling AVE Carlington - Central Park, ON K1Z 7K7

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision 5304 - Central Park

MLS Listing ID X13573008

Annual Tax Amount $4,258

Tax Year 2025

Property Sub-Type Land

Lot Depth 99.3

Lot Front 55.96

Property Description

Shovel-ready purpose-built rental development opportunity in one of Ottawa's most desirable urban corridors.1240 Carling Avenue presents a rare opportunity to acquire a fully approved 18-unit apartment development with the key municipal approvals already secured. The demolition permit has been issued, and the building permit has been approved, with issuance pending only the payment of educational development fees. No other municipal approvals or fees remain prior to commencing construction. Designed with construction efficiency in mind, the project has been thoughtfully engineered to minimize unnecessary construction costs while maximizing energy efficiency, buildability and developer margin. Skip years of planning, approvals and consultant coordination and move directly toward construction. Situated along Carling Avenue, the property enjoys exceptional connectivity to Highway 417 and Ottawa's major arterial road network, offering convenient access across the city. The site is within walking distance of The Ottawa Hospital Civic Campus, public transit, shopping, restaurants, parks and everyday amenities, and is surrounded by major employment centres that continue to support strong rental demand. Its central location, excellent accessibility and proximity to significant employment make it an ideal setting for a purpose-built rental investment. A comprehensive due diligence package, including plans, approvals, studies and supporting documentation for CMHC MLI Select financing, is available upon request. An exceptional opportunity for developers and investors seeking a construction-ready project in one of Ottawa's strongest rental markets.

Location

Province ON

County Ottawa

Area Ottawa

Exterior

Utilities Available Available

Lot Frontage 55.96

Lot Depth 99.3

Others

ParcelsYN No

Listed by EXP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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1240 Carling AVE

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